Tesla received a permit to operate a ride-hailing service in Arizona on Monday. The company also expanded robotaxi access to all iOS users in the US and Canada on Tuesday.
Tesla received a ride-hailing permit this week from Arizona regulators, opening the door for the automaker to begin operating a robotaxi service in the state.
The biggest thing impacting the EV maker's shares this week highlights its shift to being an AI play.
When it comes to getting electric vehicles (EV) exposure, the most recognized name within domestic borders is certainly Tesla. However, BYD Company is a name that more investors should be familiar with, and one of the top ETFs with exposure to BYD is the Amplify Lithium & Battery Technology ETF (BATT).
The bulk of Stifel's new Tesla price target is predicated on the company's Full Self-Driving and robotaxi technologies.
Tesla CEO Elon Musk sat with Ron Baron for an hour on Friday. Here's what they talked about.
Electric vehicle (EV) manufacturer Tesla (NASDAQ: TSLA) has received a bullish outlook from Wall Street, with an analyst citing the company's advances in autonomous driving.
When Peruvian green energy entrepreneur Luis Zwiebach wanted to buy an electric vehicle in 2019, he flew 4,000 miles to California to test drive Tesla's Model 3 sedan. But Tesla lacked an official importer and he couldn't find a way around Peru's complex vehicle import procedures.
Tesla aims to dominate the autonomous vehicle and robotics markets. Its research and development costs rose 57% at the same time as its operating margin is tumbling.
Australia's Syrah Resources said on Monday that it had agreed with Tesla to extend the deadline to tackle an alleged default of their graphite supply agreement for the second time in two months as the miner works to keep its U.S. operations buoyant.
Tesla is now requiring its suppliers to exclude China-made components in the manufacturing of its cars in the U.S., the Wall Street Journal reported on Friday.
This year's U.S. tariffs on Chinese imports pushed the EV maker to accelerate its strategy of cutting China-made components out of its U.S. production.